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Board OntologyFinance

Total Functional Expenses

Total expense for the period across the three functional classes — programme services, management and general, and fundraising. The Statement of Activities expense total and the denominator of the programme expense ratio. — Finance KPI anchored to FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities.

Rogue ID: finance.np_total_functional_expenses Type: Currency Domain: Finance

Definition

Total expense for the period across the three functional classes — programme services, management and general, and fundraising. The Statement of Activities expense total and the denominator of the programme expense ratio.

Formula

total_functional_expenses = program_services_expense + management_general_expense + fundraising_expense.

Why it matters

Every expense the organisation incurred, classified the way the audited statement and Form 990 Part IX classify it.

How to interpret

Compare against budget by function, not only in total — the same total can hide a programme underspend funding an administrative overrun.

  • finance.np_program_services_expense
  • finance.np_management_general_expense
  • finance.np_fundraising_expense
  • finance.np_change_in_net_assets

Source

FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities · section: ASC 958-720 (analysis of expenses by nature and function) — published 2016-08-01.

Why does this cite FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities? Read the ontology methodology for the published vs editorial tier system, attribution rules, and dispute process.

Stage relevance

Company stagePriority
Pre-SeedCore
SeedCore
Series ACore
Series BCore
Series C+Core
PublicCore

Suggested for stages: Pre-Seed, Seed, Series A, Series B, Series C+, Public.

Default owning functions

  • Finance

Machine-readable

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